Wind energy is a cost-effective and sustainable energy source, providing an increasingly important contribution to Finland’s energy mix. In 2015, wind energy accounted for around 3.5% of Finland’s total electricity consumption.
Wind energy is one of the most competitive forms of new energy generation, with the levelized cost of electricity (LCOE) from new onshore wind farms in Europe falling to just €0.05 per kWh in 2015 – around half the price of new nuclear and coal-fired power plants.
In Finland, the development of wind energy has been supported by a number of policy measures, including a feed-in tariff for new projects and a target for 20% of electricity consumption to be sourced from renewable energy by 2020.
As a result of these policies, Finland has seen a significant increase in installed wind capacity in recent years, with around 1,200 MW of wind power now in operation. This has led to a significant reduction in the country’s carbon dioxide emissions, as well as providing a boost to the economy through the creation of new jobs and businesses.
Looking to the future, Finland has the potential to become a leading European market for offshore wind energy. With a long coastline and a large Exclusive Economic Zone (EEZ), the country has the potential to install around 10 GW of offshore wind capacity, providing a significant contribution to meeting its ambitious targets for renewable energy.
Other related questions:
Q: How much does a wind energy system cost?
A: There is no simple answer to this question as the cost of a wind energy system can vary greatly depending on a number of factors, such as the size and location of the system, the type of turbine used, and the specific site conditions. In general, however, small wind energy systems can cost anywhere from $2,000 to $50,000, while larger commercial-scale systems can cost millions of dollars.
Q: Is wind power the cheapest way to produce electricity?
A: No, wind power is not the cheapest way to produce electricity. However, it is a very cost-effective and efficient way to generate electricity, and its costs are continuing to decline.
Q: Does Finland have wind turbines?
A: Yes, Finland has wind turbines.
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